Trump Media moved 2,650 BTC ($205 million) to Crypto.com, deepening their unrealized losses to $455 million. This transfer came after their crypto ETF rejection and the last major transfer.
Trump Media & Technology Group (TMTG), the parent company of Truth Social, just sent 2,650 Bitcoin over to Crypto.com. This transaction is valued at around $205 million, marking the largest single transfer by the company since they started stacking BTC. The previous big transfer of 2,000 BTC happened four months ago.
Initially, TMTG acquired 11,542 BTC at an average price of $118,522 per coin, investing around $1.37 billion. After the latest transfer, the company holds 6,889 BTC valued at approximately $533 million. However, TMTG is facing unrealized losses of about $455 million due to the drop in Bitcoin prices.
Analysts believe that the transfer could indicate a sell-off, liquidity management, or other strategies, but there’s no official confirmation of a sale. The transaction occurred after TMTG backed out of plans for a crypto ETF and reported a net loss of $406 million in Q1 2026, most of which is tied to unrealized losses on crypto assets.
